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20121113
20121113
Search Results 0 to 5 of about 6 (some duplicates have been removed)
was it, 1982 or 1983, back in the 1980's, tip o'neill and ronald reagan got together and made adjustments to social security that saved the program. that's my point. sometimes you need to adjust and change to save the very thing you care most about. and so tip o'neill didn't sell out the democratic party by embracing that agreement. the democrats in congress, many of them very progressive at that time who supported it, didn't work traders to the party. if we do it in a responsible way, a balanced and doesn't just gut the programs and just not all entitlement reform with no revenue, i think the base of the party and leaders and organized labor will understand. they also know the alternative is doing nothing, with bad damage to jobs and the economy. and ultimately insolvency of these programs themselves, or. b, the right wing of the republicans are coming in and taking over because we have done nothing to solve the problem and their answer to the solution would be much more draconian. host: jack. he's our first phone call for the senator. republican. go ahead. caller: mr. bayh, one question
income tax? [talking over each other] a big part of it was ronald reagan's in the reform act of 1886 that, you know, increased reductions and what have you. when i got out of school, probably before both of you were born, it was in the middle 20s. and the direction we are going, guys, it will be in the mid- 50s. in the argument of so-called fairness, we are telling, you know, the top few% that pay 43% of all taxes, it is only fair you pay more. i hope it will be a very welcome outcome. connell: largely, i am sure, it is 2% versus 98% when you pull it. it is very popular, the idea of raising taxes on the rich. they favor extending the bush tax cuts except for the wealthy. neil: you assume that the rich guy pay for it. what i would not do at that table, i would not -- about the appetizer. then, what happens is we penalize those who provide -- believe me, i am not one of these, by the way, nothing wrong with that. i just think it is a disjointed argument. one thing romney did get right, although he maybe did not articulate as well as he should have, it is about everyone having a stake in the
is the payback from party leaders? guest: there is change and then there is change. tip o'neill and ronald reagan got together and saved the program. sometimes you need to adjust to change the thing you care most about. tip o'neill did not sell off the democratic party by embracing that. if we do it in a responsible way that doesn't gut the program, i think the base of the party will understand. the alternative is doing nothing with bad damage to the economy, or the right wing of the republicans coming in and taking over and their answer to the solution would be much more draconian. host: jack in kentucky. caller: i have one question. can you guarantee -- guest: i thought you're going to ask why indiana university and kentucky and not playing basketball this year. for the first time they are now playing and we are rivals. i cannot talk about classified information on tv. things like stinger missiles are very problematic and we do everything we can to keep track of them. muammar gaddafi stockpiles of weapons, surface- to-air missiles and we're doing everything to track those down and secure them.
in washington at the ronald reagan building. so i'm leaving. you'll wrap things up for us. >> i'll hold down the fort, but only while you're gone. >> you'll do an excellent job. we'll have much more of what's going on, including my interview with senator dianne feinstein. she's got a lot to say on this whole scandal. and it sounds to her like it's something out of the national enquirer. something very interesn common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. online outfit piccolo headphones buy now broadway show megapixels place to sleep little roadster war and peace deep sea diving ninja app hipster glasses 5% cash back sign up to get 5% everywhere online through december. only from discover. >>> the affair that brought down cia director david petraeus caught most officials in the nation's capital by surprise. and many of us by surprise. and they're finding general john allen's connecti
. bill bradley and i started with the first bill on this, and then ronald reagan picked it up and really carried at, and we got it done in a bipartisan way. when we did our original bill, we took out a mortgage deduction, we took out the charitable deduction, we took out everything, and we got right down to christie, it was 10%, 50%, 25% was the top rate, and we thought it was an elegant bill, but it could not pass muster political. we had all the real estate people and all the mortgage bankers and everybody came to town and said you get rid of the mortgage interest deduction is the end of the world, so we lost that. and all the university presidents and all the priests and all the other charities came and said you cannot get rid of that. the only thing we call on to was state and local income tax, and how we hang -- hung on to that i would never know. in the end, we were able to lower individual rates by taking more money from the corporate side, which i do not think you can do now. everybody is saying that corporate rate is too high in america, said to be competitive we have to get at
Search Results 0 to 5 of about 6 (some duplicates have been removed)